Capital Markets in the Development Process The Case of Brazil [Paperback]

Since 1964, Brazilian policy makers have actively promoted financial market growth. This book traces the evolution of the Brazilian capital markets before and after the 1964-1966 reforms and evaluates their role in economic growth and stability.Financial growth and economic development; growth with inflationary finance - 1945; the reforms of 1964; the development of equities markets in Brazil; the indexation of financial assets in Brazil; commercial banks, investment banks, coglomeration and the financial structure of firms; toward new financial reform in Brazil.